Staatsolie: “Dredging Suriname River important for future of oil sector”
The State Oil Company (Staatsolie) is also looking forward to the day when the dredging of the Suriname River will commence. The dredging of this river is deemed essential for the future of the Suriname’s oil sector. Staatsolie pointed out that it does not feel obligated to cover the expenses. Staatsolie CEO Rudolf Elias pointed out that Staatsolie is willing to provide the necessary assistance if the State asks for it but that the dredging operation is the State’s responsibility. “I do not think that it would cost 20 to 30 million US dollars. I also do not think that it is Staatsolie responsibility to do it. It is infrastructural work. We are prepared to present ideas but it is primarily the government’s task to do that,” said Elias who added that Staatsolie would be crossing the line if it were to carry out the government’s responsibilities.
Elias explained that Staatsolie would sit neither on the chair of the Finance minister nor that of the minister of Public Works, Transport and Communication. I actually do not know who is responsible for dredging operations.” Political sources told Times of Suriname that the government is looking for ways of letting state companies that are involved in shipping pay the costs. More specifically the government wants the Jules Sedney Harbor, the Maritime Authority Suriname (MAS) and Staatsolie to cover the bill.
Elias made it clear that the dredging operation must commence as soon as possible and preferably before a huge oil reserve is detected off the shore of Suriname. The pre-exploitation phase always requires many capital injections and ships will play an important role. “If you want to do something offshore, you need to receive and send boats. You must dredge the river if you want an offshore business. The deeper you dredge, the more business you will get here,” said the CEO at Staatsolie.